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2. Prime rate - Wikipedia

   en.wikipedia.org/wiki/Prime_rate

   Prime rates in the US, FRG and the European Union. The prime rate or prime lending rate is an interest rate used by banks, typically representing the rate at which they lend to their most creditworthy customers. Some variable interest rates may be expressed as a percentage above or below prime rate. [1]: 8

3. What Is the Current Prime Rate and How Does It Affect You? - AOL

   www.aol.com/current-prime-rate-does-affect...

   Also known as the prime interest or lending rate, the prime rate is determined largely by the 10 largest U.S. banks and is based on the federal funds rate, ...

4. List of countries by commercial bank prime lending rate

   en.wikipedia.org/wiki/List_of_countries_by...

   Rank Country Commercial bank prime lending rate Date of information 1 Madagascar 64.00: 31 December 2017 est. 2 Brazil 10.50: 08 May 2024 3 Congo, Democratic Republic of the ...

5. U.S. prime rate - Wikipedia

   en.wikipedia.org/wiki/U.S._Prime_Rate

   The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of American banking institutions grant loans to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).

6. How does the prime interest rate affect you? - AOL

   www.aol.com/finance/does-prime-interest-rate...

   The prime rate impacts the cost of credit on consumer loans, including credit card accounts, with the rates on consumer loans moving up or down with the prime rate.

7. Big U.S. banks' prime rate soars to highest since 2008 ... - AOL

   www.aol.com/news/big-u-banks-prime-rate...

   Three major U.S. banks are raising their prime lending rates to the highest levels since the global financial crisis of 2008, following a hefty interest rate hike by the U.S. Federal Reserve.